In today’s briefing:
- Coldcard’s $114M Crisis
Coldcard’s $114M Crisis
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Bitcoin closed July with a 7.5% monthly gain, its first since April, before slipping near $63.4K (close) on Sunday.
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The FOMC held rates at 3.50%-3.75% on July 29, with Hammack, Kashkari, and Logan dissenting for a 25-bps hike.
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Spot Bitcoin ETFs bled $265.37M on July 31, ending three weeks of positive prints.
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